Axxiom Elevator Acquires Evolution Elevator & Escalator Corp.
April 17, 2025
Axxiom Elevator, a South Florida-based elevator and escalator services provider backed by Gauge Capital, has completed the acquisition of Evolution Elevator & Escalator Corp., a Staten Island, New York-based service firm with offices in Fort Lauderdale. Evolution founder Lou James and the company's mechanics will remain in place as Axxiom integrates the business to expand its geographic footprint and service capabilities in New York and New Jersey.
- Buyers
- Axxiom Elevator, Gauge Capital
- Targets
- Evolution Elevator & Escalator Corp.
- Sellers
- Lou James
- Platforms
- Axxiom Elevator
- Industry
- Industrial Services
- Location
- New York, United States
- Transaction Type
- Addon
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